Good Company

Taxation

The decisions to commence and remain in a lawsuit trigger a number of legal and practical considerations including: the merits of your claims; the potential counterclaims that may eat into your recovery; and the unintended consequences that a lawsuit could have on a business relationship. These are only a few factors that a potential plaintiff …

The number of businesses in the United States that include at least one partnership (or limited liability company (“LLC”) taxed as a partnership) in their ownership structure has exploded since LLCs became popular in the 1990s 1.It is safe to say, however, that very few of the owners of those businesses understand the way in …